PR Newswire | Sep 11, 2020 06:43AM EDT

Units and Depositary Receipts

09/11 05:42 CDT

New England Realty Associates Announces Third-Quarter Distribution on Class A Units and Depositary Receipts ALLSTON, Mass., Sept. 11, 2020

ALLSTON, Mass., Sept. 11, 2020 /PRNewswire/ -- On September 30, 2020, New England Realty Associates Limited Partnership (NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of September 21, 2020. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE MKT under the trading symbol "NEN".

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SOURCE New England Realty Associates Limited Partnership